Mutual Funds

Charles Schwab Investment Management (CSIM) is one of the nation's largest money market fund managers. CSIM provides oversight for the instutitonal-style, sub-advised Laudus Funds™ family and manages Schwab Funds® mutual funds, including nine funds that utilize our award-winning Schwab Equity Ratings® for investment selection.

Investment Management Facts

Headquarters	San Francisco
History	1984: Mutual Fund MarketPlace^® debuts with 140 no-load funds. 1992: No-transaction fee Mutual Fund OneSource™ service debuts, making mutual funds easier, less expensive and accessible to all.
Management	Randall W. Merk, executive vice president of Investment Management Services
Clients	Individual investors, financial advisors, corporate retirement plans, offshore customers, other financial intermediaries and Schwab Bank
Client assets	Assets under management as of Sept. 30, 2008: Schwab Funds: $229 billion Laudus Funds: $5.3 billion Mutual Fund Marketplace: $408.6 billion Mutual Fund One Source: Approximately $176.9 billion

Schwab Funds

Schwab Funds is one of the largest mutual fund managers in the United States. Managed by Charles Schwab Investment Management (CSIM), Schwab's asset-management arm, Schwab Funds offers an array of investment strategies to help investors meet their financial goals. Investment strategies include: equity index funds, actively managed equity funds using Schwab Equity Ratings, market track and target portfolios (asset allocation funds), fixed income funds and money market funds.

Schwab Funds Fast Facts (Sept. 30, 2008)

Founded in 1989
$229 billion in assets under management
67 mutual funds

Laudus Funds

Laudus Funds opens the door to the expertise of some of the world's leading investment managers — all in one fund group. Using a rigorous selection process, the Laudus™ management team identifies and selects only the industry's most experienced, proven investment managers, including renowned institutional money managers. The Laudus management team and subadvisers adhere to highly disciplined management approach to ensure that the Funds are managed to optimize performance in diverse market conditions. The Laudus Group™ fund line-up is uniquely architected to meet the needs of investment advisers and sophisticated investors to deliver an uncommon collection or world-class equity funds. Laudus Funds are designed to work as core and complementary components of a portfolio, depending on an investor's long-term financial plan.

Laudus Funds Fast Facts (Sept. 30, 2008)

Founded in 2004
$5.3 billion in assets under management
18 mutual funds

Mutual Fund OneSource and Mutual Fund Marketplace

Schwab's Mutual Fund Marketplace was launched in 1984, providing investors with an easy and economical way to invest in mutual funds. In 1992, Schwab took its boldest step since pioneering the discount brokerage when it introduced the Mutual Fund OneSource program — the industry's first no-load, no-transaction-fee mutual fund supermarket. Attracting more than $8 billion in its first year, OneSource was recognized as an innovation that could change the mutual fund industry. Since then, Schwab has made mutual fund investing a central feature of its business. To help clients achieve their goals, we have launched new products and services like the Mutual Fund Select List® - a quarterly list of pre-screened funds compiled by the Schwab Center for FinancialResearch — and introduced new technologies, such as online screening tools that allow clients to compare funds based upon the criteria they select.

Mutual Fund OneSource and Marketplace Fast Facts (Sept. 30, 2008)

Marketplace launched in 1984; Mutual Fund OneSource launched in 1992
Third-party Mutual Fund Marketplace assets total nearly $408.6 billion with Mutual Fund OneSource representing $176.9 billion
More than 14,185 funds are available in the Mutual Fund Marketplace, more than 10,914 of which are available with no loads or transaction fees (includes Affiliate funds)